What Happens If You Forget to File a 1099?
Expect to pay a penalty to the Internal Revenue Service if you forget to file a 1099 during tax season. Your business’s consequences will depend on if you intentionally missed a deadline or not. Check to see whether you received a notice from the IRS about a missing 1099 form. An appropriate way to handle […]
Find IRS-Approved 1099 Software Now
IRS-approved 1099 software is a staple in a small business accounting suite. This software tool ensures that businesses can work with – and pay – contractors. The platform allows users to generate and store important 1099-related information. Then, at the end of the year, they can then use that data to accurately report taxes and […]